New UK Consultation to Regulate Cryptocurrency Markets Ahead of 2027
The UK's financial authority has initiated a broad consultation that could transform the operational landscape for crypto exchanges and related services by 2027.
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The UK's financial authority has initiated a broad consultation that could transform the operational landscape for crypto exchanges and related services by 2027.
Despite not receiving a letter from HMRC, UK crypto investors might still be liable for taxes, experts caution.
The Bank of England is concerned that increasing loans to data centers might trigger an AI market bubble similar to the dot-com crash in the early 2000s.
Experts warn that UK cryptocurrency investors might still owe taxes even if they haven't received any communication from HMRC.
Experts caution that UK crypto investors might still owe taxes even if they haven't received any warnings from HMRC.
The UK's HMRC has significantly intensified its scrutiny on crypto investors by significantly increasing the warning letters sent to those suspected of tax evasions.
The Bank of England's Deputy Governor has reiterated that proposed restrictions on stablecoins will be temporary to maintain system stability, despite industry concerns regarding innovation and growth.
The Bank of England has announced that its proposed limitations on stablecoin holdings and transaction sizes are intended as a temporary measure to stabilize the financial system.
The UK government has introduced new regulations requiring all crypto firms to gather and report extensive user data from January 2026.
The UK government is set to pilot a digital gilt instrument that will harness distributed ledger technology, as part of new financial strategies outlined by Chancellor Rachel Reeves.
The UK government is pressuring Apple to provide access to encrypted iCloud backups, which could lead to vulnerabilities for cryptocurrency wallets.
The UK's Financial Conduct Authority has unveiled a plan to aid asset managers in utilizing blockchain and tokenization.
HMRC has significantly intensified its scrutiny over cryptocurrency investments, issuing more warning letters to investors in an effort to ensure compliance with tax regulations.
Lisa Cameron, ex-UK MP, discusses the potential of a transatlantic crypto sandbox between the UK and the US amidst ongoing regulatory talks.
George Osborne has been appointed as the chair of Coinbase's internal advisory council, aiming to enhance the company's engagement with international governments.
Bybit has announced its return to the UK market with a new platform focused on spot trading and peer-to-peer transactions.
A group of UK parliamentarians warns that proposed stablecoin regulations by the Bank of England may lead innovation to migrate overseas.
A sizable £9M donation from crypto investor Christopher Harborne marks a historic political contribution in the UK.
The UK government is contemplating a prohibition on crypto donations to political parties amid rising concerns over funding transparency and foreign influence.
The UK government has unveiled a new tax framework aimed at easing tax burdens for decentralized finance users, eliminating capital gains taxes on certain transactions.

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